Member Info for Hertstrader74

Mr MM it was me who said that. It was an estimate that lockdown around the world will last around 12 weeks. I am very pleased with today’s update and the unexpected good news on Trinidad. Hopefully Paul waited till the seller was out to release today’s RNS

I think the fact Trinidad is profitable even at $20 has caught a lot of people out. With drill pushed back 3-4 months we should have co2 news first and a better springboard for spud. Hopefully by then covid19 will be under control and markets a lot brighter including poo

Some new investors will be getting a bargain at this price. Lucky soda

Excellent RNS. Comprehensive and to point, Morocco drill ready when restricti9ns are lifted so I would say 3-4 month delay which I don’t mind, and excellent work in Trinidad. Hopefully my email yesterday made a mark with Paul. Good to see Trinidad is economic at $20 wti

I would rather they scrap the drill for a year and put the money into shell oil shares for 9 months

I just sent this email myself

Dear sir / madam

Enough is enough, I know markets have been hit badly because of the pandemic and low oil price but this does not explain the battering my investment in PRD has taken with relentless large selling daily and a market cap well below cash in bank. Many other companies have issued an RNS about operational updates with covid-19 in mind and yet we have heard nothing from PRD. Surely the BoD should be looking into who is selling these huge quantities because it surely isn’t a private investor. It looks to me a placee from the 4p placing is shorting or the CLNs are being sold. As a long term investor here I think I and others shareholders have the right for an explanation to all of this. Of course I am aware you cannot inform me direct of price sensitive information but I urge you to release a statement in the form of an RNS

Kind regards

What a joke this is. 18% down and yet again not a word from Paul. He might as well mothball the whole company and sell it on as a cash shell I am ducking furious at how the BoD have conducted themselves since December radio silence and you can’t all blame this collapse on corona virus

I hope it’s spreaders doing their nut. It’s relentless these large sells. Just can’t get my head round it. Even if there is a delay to operations our cash burn is minimal and we have the 3.5 million in the bank At the moment it’s priced to go bust. I will email the company later as the radio silence from Paul is frustrating. Most other companies have released a covid 19 Update on short term impact of operations. Paul. Your losing more then us. Supposed to be the company making year. Pull your finger out and get your house in order

So either it’s a short seller from 6p range ( I remember those large sells early jan over 6p) driving the price down by offloading placing stock for as low as they can. Or a distressed institution forced to sell off at any price. Let’s just hope that whoever the seller is they are almost out of shares. Life is depressing enough at the moment without looking at how embarrassing low this share price is

Yes. I am not a fan of spreadex. I live in St Albans which is where they are also based. I would not be surprised if they are shorting this and other stocks. I’m in 2 minds now whether to delay the drill by 4-6 months or not. The way this is going we could hit in Morocco and the sp would still collapse. I am so overexposed in this stock I’m past caring at the moment

Whoever is the big seller is totally ****ing me off. They must be desperate for the cash to be flogging at this price. Very disappointing. Perhaps Paul does know who is selling and slowing the newsflow down till they have finished

Perhaps it’s arabto not sticking to their world and flogging their free cln shares. Purely speculation as I can’t see any reason why we are seeing these daily big sells. Certainly isn’t joe public

Hang in there. I think the worst is over for the SP here. I think we are seeing some placee holders dumping probably under instruction from their institution. No one is making money at this price unless there has been short selling I did not in my worst nightmares anticipate the price to be this pathetic, funding has been done just in time God knows where we would be know if we were still looking for funding. My most painful experience ever in shares and investing but I have held firm and not sold

Down to 4.92p. I am so overexposed here I do let want to commit more cash

Bought a few more this morning.

I have managed to turn 24k into just over 6k in 2 months. I good at this game!

Of course virus as well

An average of 2.8p. Wow. Mine is a lot more than that. We have been hit by triple whammy of oil price and placing and of course placing I remember trying to sell my shares at 6p end of Jan and had an offer to take the lot when I got a phone call and by the time I came back it was NT to sell. What a mistake that’s turning into. So much for my share of the year. Should have said it’s my short of the year

Yes this is scandalous from Paul and the BoD. Most companies have given an update and impact of covid 19. But no. Not Paul. Getting close to £19k underwater here. Where has that 3.5 million gone? They way the market makers are marking it down one would think we are about to go bust

Paul must realise the radio silence is killing the share here. If we delay for a few months announce it now. Freeze director pay for 3-4 months and let the panicking placees sell out at huge losses. Market makers have killed any value here